US-Iran War Update: FOMC In Focus As Oil Prices Surge 3% After Houdis Attack Hormuz Tankers

Oil prices jumped around 3% on Monday as the US-Iran war continues. The surge in prices came after additional threats to supply from attacks in the Red Sea and the Gulf of Guinea extended fears about the world’s energy supplies. Now, the markets are focusing on the U.S. Fed’s September 15-16 FOMC policy meeting. Ad